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Thai Hotel Giant Minor International Delays $1 Billion REIT Plan

Minor International Pcl, Thailand’s biggest hotel and restaurant operator, postponed plans for its first real estate investment trust, valued at about $1 billion, as market conditions soured.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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[Closing Market] KOSPI Surges Past 6,800 on Semiconductor Rally

The domestic stock market exhibited an explosive upward trend, fueled by the slowing growth of the US Consumer Price Index (CPI) and expectations for a recovery in demand for artificial intelligence…

  • KOSPI index surpasses 6,800 on August 3
  • Semiconductor sector growth fuels rally
  • Foreign investors net purchase 2.106 trillion won

South Korean Shipbuilders Target Global Naval Markets

Domestic shipbuilders, who lost the bid for the Canadian submarine project that drew attention for its record-high project cost, are newly turning their eyes beyond the Asian region to the South…

  • South Korean shipbuilders targeting global naval markets.
  • Hanwha Ocean favored for Royal Thai Navy frigate project.
  • HD Hyundai Heavy Industries expanding in Peru and Chile.

Foreign Investors Exit South Korean Stocks and Bonds

Foreign investors net sold both stocks and bonds in the Korean market in July. According to the International Financial and Foreign Exchange Market Trends released by the Bank of Korea on Aug.

  • Foreign investors withdrew $27.47 billion from South Korean stocks and bonds in July.
  • Outflows declined from June's record $32.37 billion net outflows.
  • Foreign bond funds shifted from inflows to outflows in July.

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